$TRUMP Faces Selling Pressure – Key Support Levels in Focus
$TRUMP is currently trading at $11.29, down 7.15%, after reaching a 24-hour high of $12.50. The price has been on a steady decline, now testing crucial support zones.
Key Levels to Watch:
Resistance: $11.70 – A breakout above this level could push trump toward $12.00 and $12.30.
Support: $11.23 – A breakdown below this level could lead to a decline toward $11.00 and $10.75.
Trade Setup:
Long Entry: If trump holds above $11.23, potential targets are $11.70 and $12.00.
Short Entry: A break below $11.23 could signal further downside toward $11.00.
Stop Loss: Placing a stop loss below key support levels helps manage risk.
Market Insights:
Selling pressure remains strong as trump struggles to maintain current levels.
The critical $11.23 support zone is being tested, with a possible breakdown ahead.
A rebound above $11.70 is essential for bullish momentum to
